India maize falls on high arrival

Prices of maize at key spot markets also fell due to a sharp rise in arrivals At Nizamabad, arrivals were pegged at 25,000 bags (1 bag = 100 kg), up from 19,000 bags. Demand for the new kharif maize crop is seen weak in the coming days as fresh arrivals are of poor quality with moisture content of 25-30%, against the acceptable limit of 13-14%.

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